Apple Tree Dental

Analysis

Apple Tree Dental is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in February 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Apple Tree Dental reported income of $28.2m and spending of $29.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.9m to $28.2m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apple Tree Dental sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Peter Becker Community ($28.2m), Providers Choice Inc ($28.2m) and New Hampshire Public Defender ($28.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $571k (2.0% of expenses). Other salaries and wages came to $17.4m. At year end it held assets of $23.2m against liabilities of $13.8m, net assets of $9.4m. It reported 343 employees.